Donate
Donations to the Mid-Hudson Library System are greatly appreciated! We accept donations through PayPal (a secure site).
Leave a Legacy
Remembering the Mid-Hudson Library System in your estate plan secures your legacy while supporting the Library System’s important work.
Your contribution ensures that books, learning and our beloved member libraries will remain an important part of the Hudson Valley’s fabric for generations to come. You do not need to be wealthy to leave a legacy gift. Donations of any size can make a significant impact in providing for the Library System’s future.
Types of Legacy Gifts
- Bequests
A bequest in your will, one of the simplest ways to make a future gift to the Library System, can take different forms and be easily modified to address your changing needs. Below is sample language to discuss with your attorney:
- I give and bequeath the sum of $_____ (or a portion/residue of my estate) to the Mid-Hudson Library System, of 103 Market Street, Poughkeepsie, NY 12601, to be used in support of its general charitable purposes.
- Retirement Assets & Accounts
Even if you do not have a will, designating the Mid-Hudson Library System as a beneficiary of your retirement plan or bank account provides a meaningful way to support MHLS while fulfilling your financial and philanthropic goals. Gifts of assets from qualified plans such as 401(k), 403(b), IRA, Keogh, life insurance, or savings and checking accounts can all help leave your legacy. The basic information you need to include MHLS as a beneficiary is:
- Legal Name: Mid-Hudson Library System
Address: 103 Market Street, Poughkeepsie, NY 12601
Federal Nonprofit Tax Identification Number: 14-1458489
- Life Insurance
Life insurance policies that are no longer needed to secure your family’s financial future may also be contributed. Though this option, you can make an irrevocable gift of an existing policy to MHLS, or, alternatively, can name MHLS as a beneficiary of a policy held in your name. Issuing a policy in the form of an irrevocable gift qualifies donors for an income tax deduction for the cash value of the policy or the total premiums paid, while naming MHLS as a policy beneficiary makes the donor’s estate eligible for a charitable estate tax deduction for the amount passed to MHLS.